Word: aug
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Dates: during 1950-1959
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Milton will spend this week in Panama, Honduras and Costa Rica, will fly next week to Nicaragua, and then take a side trip to Puerto Rico (for Commonwealth Day celebrations). After last stops in El Salvador and Guatemala, he will fly home Aug. 1. This week he was well into his Panama business meeting with President Ernesto de la Guardia, and surrounded by such security that each day's doings were not announced until the morning of the day they were to take place-and his routes to and from his appointments were not released at all. There...
...with either cold war or recession ; it was the further bloating of already swollen farm programs. As of January, the Agriculture Department was planning to spend a whacking $5 billion for the fiscal year, largely in efforts to cope with surpluses that are encouraged by high price supports (TIME, Aug. 19). But abundant spring rainfall brought lush crop prospects, notably in the long-parched Great Plains, and the department's outgo estimate mushroomed to $6 billion-more than twice the combined outlays of the State, Justice, Interior, Commerce and Labor departments. In a rational world, good crop weather ought...
...trumped-up charge. Later he was stripped of his post as primate of the Hungarian Lutheran Church. In 1956, partly because of pressure from Lutherans the world over, he was finally cleared, resumed his post. Last year Ordass got permission to attend an international Lutheran assembly in Minneapolis (TIME, Aug. 19), but after his return, he was slapped in the Red press for his "antiCommunist addresses," was replaced by Collaborationist Bishop Lajos Veto as Hungary's No. 1 Lutheran. The only post Ordass kept was that of head of Hungary's Southern Lutheran District. Last week Hungary...
...WLAC-TV have imposed strict limits on the total air time to be sold to any one candidate. WSM-TV ruled that the eight contestants for the Democratic nomination for Governor would be allocated a maximum of 45 minutes each between now and the primary on Aug. 7. Slightly more generous, WLAC-TV allowed them one hour of prime evening time, half an hour of nonpremium time. Candidates for the U.S. Senate and House will get the same allowance. Except for spot announcements, candidates for local and state legislative offices may buy no time at all. Nashville's third...
Contempt Charges? The SEC will argue its case against Wolfson in court Aug. 5. Meanwhile, Wolfson can cover his short position only at the risk of contempt proceedings, and any broker who aids him may face the same charge. If the short sales are not covered, he runs the risk of losing heavily if A.M.C. shares rise. At week's end American Motors Boss George Romney stepped in to clear the air, also gave one reason why the stock may well rise. American Motors had no way of knowing that Wolfson was disposing of his stock,* said Romney...